Industry News
Hospitality
Top stories summarized by our editors
10/22/2020

Nearly 95% of respondents to an industry survey said they plan to take a vacation this year and next. Half listed cruises as their preference and 18% cited resorts in the recently reported poll taken in the summer by cruise and vacation companies.

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TravelPulse
10/22/2020

A remote Colorado mansion that serves as a boutique hotel and ranks as one of the state's architectural treasures is for sale for $16.9 million after its restoration in 2018. Built in 1902, Redstone Castle occupies 153 gated acres along the Crystal River and features Tiffany-designed chandeliers, Persian rugs and a mountain view.

10/22/2020

Riu Hotels & Resorts' five-year-old endeavor to build the $95.6 million, 530-room Hotel Riviera Cancun has ended in a legal defeat. Mexico's Fifth District Court found the Spanish chain had broken a promise to upgrade wastewater treatment facilities.

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Mexico News Daily
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Riu Hotels & Resorts
10/22/2020

Managing during the pandemic is difficult, but studies show that an empathetic boss goes a long way to easing workers' stress levels as well as retaining employees. Effective leaders "prioritize fulfillment of others' needs, attend to employees' emotional suffering, work to empower employees, and emphasize serving the community," according to a Journal of Applied Psychology study.

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HR Dive
10/22/2020

The EatOkra app is using colorful photos of menu items and personal anecdotes to tell the story behind the more than 3,400 Black-owned eateries featured on the platform. The app's designers Janique and Anthony Edwards Jr. hope to build a community around the businesses, and eventually take the idea global.

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Forbes
10/22/2020

Best Buy and Accenture are working to attract and train a more diverse workforce. The goal is to hire 1,000 new employees for tech roles, roughly one-third of whom will be women or people of color.

10/21/2020

Representatives of Disneyland Resorts and other California tourism enterprises voiced strong disapproval Tuesday as the state released restrictive guidelines for theme park reopenings. The rules were denounced as "arbitrary" and "unworkable" by Ken Potrock, president of Disneyland Resort, which recently said it was laying off 28,000 employees.

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KABC-TV (Los Angeles)
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Disneyland Resorts, Ken Potrock
10/21/2020

Business trips, source of half the hotel industry's $170 billion annual income, could bring a loss between $8 billion and $23 billion this year, a Bank of America study finds. Industry revenues won't rebound fully until 2023 or 2024, though resumption of corporate travel could resume early next year, the analysts predict.

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Business Insider
10/21/2020

The female-founded Hotel Figueroa in Los Angeles is celebrating the 100th anniversary of women's suffrage by serving as a polling place on Nov. 3, and various counterparts throughout the nation are likewise hosting or assisting voters. Hoteliers view the gesture as both a civic contribution and a business stimulation opportunity.

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Forbes
10/21/2020

The city of Chattanooga, Tenn., would buy a hotel and convert it into an emergency shelter for those who are homeless under a proposal submitted to the City Council by Mayor Andy Berke. A federal grant addressing the coronavirus pandemic would fund the project, estimated to cost more than $1 million.